The AIM Foundation Annual Report Year ended 31 August 2018 Charity number 263294 The AIM Foundation Year ended 31 August 2018 CONTENTS Page Trustees’ Annual Report 2 Independent Auditor’s Report 11 Consolidated Statement of Financial Activities 14 Balance Sheets 15 Cash Flow 16 Notes to the Financial Statements 17 The AIM Foundation Trustees’ Annual Report Year ended 31 August 2018 The Trustees present their Report and Financial Statements for the year ended 31 August 2018. They are satisfied that the Financial Statements comply with the requirements of the Charities Act 2011, the Trust Deed as described below and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)). Objectives and activities The Foundation’s objects are to make grants to registered charities, or Community Interest Companies with charitable purposes, usually contributing towards core costs of medium sized organisations where we feel our multi-year funding can help build capacity. The trustees make grants only to charities which have been pro-actively sought, sometimes in collaboration with other funders, and well researched, to ensure that they are soundly managed and that their project outcomes contribute towards meeting the Foundation’s strategic aims and funding programmes. A full list of grants is shown at the end of the financial statements. The trustees' grant making policy is to be highly proactive in seeking out potential partners within the above stated objectives. They confirm that they will make reference to the Charity Commission's general guidance on public benefit when reviewing the grant making policy for the year. In particular they support registered charities operating for public benefit and there is a clear policy of not supporting individuals. AIM’s Mission We overall aim is to support work to promote wellbeing by funding organisations working to address today’s needs and to prevent problems arising. In order to achieve this overall goal, AIM has a strategy to identify and fund Research and Policy, Prevention and Support work within the agreed framework. Across these three strategic strands of working, the Foundation is currently focused on: a) Nutrition for Health and Wellbeing – increase the understanding of the importance of nutrition and life-style for health and wellbeing b) Young People – Improving their life chances, especially around the transition from school to employment, and their emotional and mental well-being c) Early Years - Improving the emotional and social development of young children from vulnerable families 2 The AIM Foundation Trustees’ Annual Report Year ended 31 August 2018 Achievements and performance 1. RESEARCH AND POLICY We work in collaboration with respected research bodies, campaign groups and think tanks to tackle causes of urgent problems and promote innovative work. We want to ensure that learning is shared as widely as possible and try to influence social change. We are working towards this strand being about 45% of our grant- making. a) Nutrition and Well-Being Dementia Research by University of Lancaster The AIM Foundation supported the work of researching and promoting the Bredesen Protocol, a multi- factorial lifestyle and nutrition based approach to treating and reversing early onset Alzheimers. 2016’s funding of initial research by the University of Lancaster, which involved peer-reviewing all the research literature of multi-factorial treatments for chronic illnesses, has resulted in the research paper being accepted for publication by Dementia journal and Garuth Chalfont promoted his research at the Alzheimer European conference in Barcelona in October 2018. In 2017 a further grant of £50,000 was made towards Phase 2, including a contribution of £10,000 gift from a relative of a person who suffered from dementia. This second phase was a case study working with GP’s and other stakeholders to develop a NHS Intervention Protocol. This will then be tested in Phase 3 Feasibility Trial, which will hopefully be funded by other organisations. b) Young People Impetus-PEF A new three-year grant commitment of £75,000 per annum was made to support Impetus-PEF research and policy work trying to influence government policy and decision makers to address the difficult transition some young people have from school to being employed. preventative work with disadvantaged and disengaged young people. They produced a report “Life After School” that highlighted that Further Education colleges are underperforming in helping students achieve GCSE’s in English and Maths. Young Minds Building on the learning from last year’s funding of The Royal Foundation Heads Together Campaign to reduce the stigma around mental health difficulties, we have made a new 3 year commitment of £24,000 to support the policy influencing work of Young Minds. Young Minds is the UK’s leading charity championing the wellbeing and mental health of children and young people. They have led an inquiry into the impact of cyberbullying on young people’s mental health and collected evidence and advice to improve best practice in commissioning and delivering adversity and trauma-informed care. In addition, they have produced clearer and new resources to help schools. The Lighthouse Project A second 6 months grant of £15,000 was made to cover the salary of the Founder and Director, Emmanuel Alkpan-Inwang to develop the business plan of the start-up of The Lighthouse a new and innovative children’s home, which combines a strong education ethos, a stable home and excellent therapeutic support. Our funding was directed through Jamie’s Farm, who are strong supporters of this project. During the year Emmanuel’s vision has developed and been incubated within Catch 22, 3 The AIM Foundation Trustees’ Annual Report Year ended 31 August 2018 where he has been given business development support. This successful project is now at the stage of seeking social finance and larger grants to finance the pilot home. c) Early Years The Wave Trust A final year’s grant of £25,000 was made to The Wave Trust, who continues to try to reduce the damaging, inter- generational family cycles of childhood neglect and abuse. We continue to support their social policy work in demonstrating the need for universal early prevention through partnership working in pioneering communities. They want to help perinatal professionals across a population identify and support families need extra help during pregnancy and the first years of the child’s emotional and social development. Mellow-Parents Mellow was given funding in 2016 to undertake a full independent evaluation of the impact of Mellow Babies group work with vulnerable parents. The learning has helped improve the outcomes of this work that strengthens the parent-baby attachment. Hopefully this evidence of impact will encourage more commissioning agencies to use this effective intervention and reach more beneficiaries. 2. PREVENTION The AIM Foundation funds core costs of medium sized organisations over a number of years that demonstrate strong leadership and are delivering effective prevention work and are looking to increase their impact or scale up. We look for opportunities to leverage their effectiveness. a) Young People Lord Mayor’s Appeal This year AIM gave a one-off donation to the Lord Mayor’s Appeal that is trying to address mental health through working with charity partners: Place2Be, Samaritans and On-side Youth Zones. In particular AIM is interested in the work of Place2Be who offers counselling in primary schools. One in five children will experience a mental health difficulty at least once in their first 11 years. “Without effective intervention, mental health conditions in young children can have a significant impact on their life chances and result in significant long-term costs.” Not only do Place2Be provide evidence based in-school support for the pupils, but they also train school leaders and teachers. Action for Happiness A new three-year commitment of £15,000 was made to this organisation that helps people take action to reduce the number of people suffering with mental health problems, and more people feeling good, functioning well and helping others. Our grant is for their communication campaign, including updating their website. b) Early Years A second-year grant of £35,000 per annum was made towards maintaining and extended the regional forums of Health Visitors to help disseminate best practice and research around helping families needing support in their mental well-being around the time of birth. 4 The AIM Foundation Trustees’ Annual Report Year ended 31 August 2018 Cued Speech In collaboration with The Sylvia Adams Trust, a new three-year grant of £22,000 per annum was made towards the core costs to increase the capacity of this small charity that helps death babies learn to communicate through making the spoken language more visual. Our funding has enabled them to obtain other significant funding from BBC Children in Need, make progress with local authorities and develop their on-line training. 3. SUPPORT Aim supports unpopular causes, people who are disadvantaged and small local groups or initiatives through this strand. The focus is on people living in Essex, as this is where AIM’s endowment funds were generated and the Founder Trustees live. a) Young People The Children’s Society Their centre in East Anglia received their second of another multi-year grant of £40,000 to the Community Hidden Harm Awareness Team. They improve the physical and emotional wellbeing of children and young people whose parents are misusing substances and are victims of abuse and neglect, resulting in underachievement at school and being more prone to truancy. Our grant was significant in them being awarded another Big Lottery grant. b) Early years Parent’s First The second year’s commitment of £25,000 supported this organisation working in deprived areas of Essex to train ‘community parent’ volunteers, so they can provide peer-support to mothers of infants.